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Rules for withdrawing tuition funds from RESPs

Special rules apply to non-residents When a Registered Education Savings Plan (RESP) matures, the beneficiary of the plan (usually the child for whom the plan was opened) can withdraw the funds for post-secondary tuition. Because they will likely be in a very low...

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A smart idea to wrap things up early?

Robyn Thompson is regularly featured in The Toronto Star’s “Money Makeover” series by Deanne Gage. Money Makeover takes a look at Christopher, 62, and Charles, 59, are newly retired snowbirds living in Mexico during the winter months. They have enough money to live...

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